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. >> we're falling over that fiscal cliff. >> republicans simply can't utter the word yes. >> the president is, i believe, slowing down the process. >> they have no strategy. they don't know what they want. >> kim kardashian is pregnant. >> a lot of democrats get mad at me. >> no deal is better than a bad deal. >> something has gone terribly wrong when the biggest threat to our american economy is our american congress. >> hats off to the president. >> as of this point is looks like i'm going to be spending new year's here in d.c. i can come to your house? is that what you're saying? >> happy new year! >>> grab your party hats, chill the bubbly. just eight hours to go. yes, we are all waiting to cue the confetti with hopes for a last-minute deal to avert the fiscal cliff. with sweeping tax hikes and spending cuts set to take effect at midnight, frantic negotiations are ongoing at this hour with the president teasing the prospect of a deal on at least part of the cliff just hours ago. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it's not done. we w
. >> we're falling over that fiscal cliff. >> republicans simply can't utter the word yes. >> the president is, i believe, slowing down the process. >> they have no strategy. they don't know what they want. >> kim kardashian is pregnant. >> a lot of democrats get mad at me. >> no deal is better than a bad deal. >> something has gone terribly wrong when the biggest threat to our american economy is our american congress. >> hats off to the...
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Dec 30, 2012
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he said if republicans stop they will be to blame for the fiscal cliff. what role do you have in this don't you have to show leadership to break the imabout passe? the president went back to pointing the finger at republicans. take a list. >> speaker boehner and republican leader mcconnell to accept the fact taxes on wealthiest americans should go up a little bit. if folks can't say yes to good offers i have an obligation of the american people to make sure that the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >> now, what the president s correct about s that in the negotiations with speaker boehner in recent weeks the president was giving on social security and med did i kay changes that democrats were not excited about but speaker benito walked away -- but speaker boehner walked away from those negotiations. senator mitch mcconnell said in the last couple of days when got a phone call from the president saying let's try to come back to the table and work this out. mcconnell said that is the first time he heard
he said if republicans stop they will be to blame for the fiscal cliff. what role do you have in this don't you have to show leadership to break the imabout passe? the president went back to pointing the finger at republicans. take a list. >> speaker boehner and republican leader mcconnell to accept the fact taxes on wealthiest americans should go up a little bit. if folks can't say yes to good offers i have an obligation of the american people to make sure that the entire burden of...
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Jan 1, 2013
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goes on to tweet republican's fiscal cliff double think fiscal crisis demands cuts in service, no investment in jobs but allows more tax cuts for richest americans. if and when this comes up for votes in the house and senate, it's unclear how many democrats especially on the left will support this, or buck the president, basically. bret? >> bret: ed henry live in the white house. thank you. stocks started the week up. possibly encouraged early in the day about talk of this possible deal. the dow finished ahead 166. the s&p 500 was up 24. the nasdaq gained 59 another deal not fiscal cliff related. the senate home security committee blasted the state department for failures leading to the deadly september 11th attack on the u.s. mission in benghazi, libya. this comes on the heels of another scathing report by an independent state department accountability review board that we have covered many times. chief intelligence correspondent catherine herridge has the latest senate report sites the white house for president obama inconsistent statements whether the benghazi assault was terrorist attack
goes on to tweet republican's fiscal cliff double think fiscal crisis demands cuts in service, no investment in jobs but allows more tax cuts for richest americans. if and when this comes up for votes in the house and senate, it's unclear how many democrats especially on the left will support this, or buck the president, basically. bret? >> bret: ed henry live in the white house. thank you. stocks started the week up. possibly encouraged early in the day about talk of this possible deal....
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Dec 26, 2012
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cliff and the republican haves the boehner rule to ask for a dollar in cut for every dollar the limit is extended. the debt limit being money that we have paid and obligation to pay. and so, if democrats and republicans aren't come together now, and a month and a half from now republicans come back to the table and say we need more cuts, i don't know what the president is going to look to to cut. seems like a complicated mess that they have on their hands and the more clarity they get now, the easier it's going to be in a few weeks from now. if they get a small deal that leaves no path forward on the bigger issues i think that we'll be here in a month and a half talking about the same things. >> thank you so much, meredith and david. >> thank you. >> thank you. >>> a huge winter storm packed with snow and sleet out of the midwest and heading towards the eastern seaboard. blizzard warnings from arkansas to illinois. wintry mix is expected in the northeast. it's the same storm system that sparked a tornado outbreak in the south yesterday. these pictures of mobile, alabama. the twister c
cliff and the republican haves the boehner rule to ask for a dollar in cut for every dollar the limit is extended. the debt limit being money that we have paid and obligation to pay. and so, if democrats and republicans aren't come together now, and a month and a half from now republicans come back to the table and say we need more cuts, i don't know what the president is going to look to to cut. seems like a complicated mess that they have on their hands and the more clarity they get now, the...
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Dec 30, 2012
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to avoid the fiscal cliff and deal with the deficit in a balanced way. in fact, as we know, republicans like tom cole, a very conservative member from oklahoma, and others have said that that approach makes sense. and yet the speaker refuses to allow a vote on that proposal. and so allow democracy to work and so far unfortunately, speaker boehner has been held captive with the tea party wing of the republicans in the house, which voted down his own proposal just about a week ago, because he said, well, we should ask folks making over $1 million to pay more. his caucus said no. so what we're saying is, let the whole house, democrats and republicans, vote on the president's proposal. let democracy work its will. worst case scenario is that would be defeated. but you don't know until you hold a vote in the house of representatives. that's how democracy is supposed to work. it's not supposed to allow a small, extreme group within the republican caucus to dictate terms to the country. >> there is some indication from the hill that the call to bring vice presi
to avoid the fiscal cliff and deal with the deficit in a balanced way. in fact, as we know, republicans like tom cole, a very conservative member from oklahoma, and others have said that that approach makes sense. and yet the speaker refuses to allow a vote on that proposal. and so allow democracy to work and so far unfortunately, speaker boehner has been held captive with the tea party wing of the republicans in the house, which voted down his own proposal just about a week ago, because he...
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Dec 28, 2012
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50s on the fiscal cliff. they don't want to give up things. they don't want to give up cuts to medicare or social security in order to get a deal that may not be best for them. if you look at game theory, you know, economic and political game theory, if all the players understand the strategies of the other players and act rationally, sometimes they won't move off the strategy that they are on. >> should americans have optimist about this 3:00 meeting this afternoon at the white house or basically it's humpty-dumpty, we're going off the wall, we're going to break, but we can be put back together. >> it doesn't mean they won't get an agreement on the phone, but i don't remember any high-plo file white house meeting producing anything other than leaked stories about how one leader told the other leader how tough he is and how weak the other guy is. these are, generally speaking made for optics, so we talk about it. >>> jonathan allen, great to see you, thank for your time. >> my pleasure. >>> we talked in the l
50s on the fiscal cliff. they don't want to give up things. they don't want to give up cuts to medicare or social security in order to get a deal that may not be best for them. if you look at game theory, you know, economic and political game theory, if all the players understand the strategies of the other players and act rationally, sometimes they won't move off the strategy that they are on. >> should americans have optimist about this 3:00 meeting this afternoon at the white house or...
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republicans don't -- >> andrea: admit it. face calf cliff is not the fiscal cliff. it should be called returning to the clinton era tax rate. isn't that the democrats' dream? return to clinton era tax rates? >> juan: that was 39%. that is not a big deal. not comparable to rates under reagan or going back to clinton. clinton was 39%. >> eric: that is where we are going. what about this. every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this is the problem. he is going hmm to you, republicans. i don't care about that. that is nothing. i get that for free. he is the guy changing the play for his side. what about the right? >> juan: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are the obstructionists? it's my ideology, i can't negotiate. even if we go off the cliff, endanger the whole economy. >> greg: here is thing. the idea of adhering to a principle in this world is seen as extremism, trying
republicans don't -- >> andrea: admit it. face calf cliff is not the fiscal cliff. it should be called returning to the clinton era tax rate. isn't that the democrats' dream? return to clinton era tax rates? >> juan: that was 39%. that is not a big deal. not comparable to rates under reagan or going back to clinton. clinton was 39%. >> eric: that is where we are going. what about this. every time boehner an obama get close to a deal, president obama moves the goalpost back....
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i do begrudge what he's done in this fiscal cliff talks. it's been very clear from the beginning that he had no intention to solve the fiscal issues. he's been using this, and i must say with great skill and ruthless skill and success, to fracture and basically shatter the republican opposition. the only, you know, redoubt of the opposition is the house. and his objective from the very beginning was to break the will of the republicans in the house and to create an internal civil war and he's done that. how did he do it? from also insisting from day one after the election that the republicans had to raise rates. there's no reason at all to get the revenue that he needed and that the speaker was offering him that you had to raise rates. obama himself, as you know, said last july, july, 2011, you can get $1.2 trillion by eliminating loopholes, which is exactly what republicans offered him. so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a cris
i do begrudge what he's done in this fiscal cliff talks. it's been very clear from the beginning that he had no intention to solve the fiscal issues. he's been using this, and i must say with great skill and ruthless skill and success, to fracture and basically shatter the republican opposition. the only, you know, redoubt of the opposition is the house. and his objective from the very beginning was to break the will of the republicans in the house and to create an internal civil war and he's...
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." >>> perhaps an ominous sign for democrats, some republicans are looking past the fiscal cliff entirely and getting ready for the next fight. senator bob corker spoke moments ago on capitol hill. >> we immediate to do something in the 4 1/2 to $5 trillion range. so we can begin this year with this and in the rear view mirror and our economy really has the opportunity to take off. i think it is apparent that on these -- december 29 without anything that's bold in place, that's probably not going to happen. so, unfortunately, for america, the next line in the sand will be the debt ceiling. secretary geithner sent up a letter. it is probably around mid march action has to be taken. >> we are going to keep an eye on that. he will keep talking. we will bring you the highlights. first, though, this is going to be pretty hot. we have singer/songwriter, a man you are going to want to hear from whose biography could serve as a life lesson in and of itself. john forte joins us next on "now." >>> john forte grew up in brooklyn and made it to exeter academy on a violin scholarship and was a bram an
." >>> perhaps an ominous sign for democrats, some republicans are looking past the fiscal cliff entirely and getting ready for the next fight. senator bob corker spoke moments ago on capitol hill. >> we immediate to do something in the 4 1/2 to $5 trillion range. so we can begin this year with this and in the rear view mirror and our economy really has the opportunity to take off. i think it is apparent that on these -- december 29 without anything that's bold in place,...
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now, the top story tonight, we are just days away from going over the fiscal cliff. and the chance of a deal before the new year is slim. so now each side is pointing fingers instead of hammering out a deal. >> republicans aren't about to write a blank check for are anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> any time the speaker and the republican leader come to the president and say we have got a deal for you, the president's door is always open and mine is, too. >> laura: and according to a brand new rasmussen poll, 44% think that republicans are more to blame for not going far enough on tax increases. 36% say that obama is more to blame for not agreeing to more spending cuts and 15% blame both sides. joining us now from new york, julie riganski, a democratic strategist and here in washington, steven moore, a member of the "wall street journal" editorial board. sesteven, let's start with you. great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't r
now, the top story tonight, we are just days away from going over the fiscal cliff. and the chance of a deal before the new year is slim. so now each side is pointing fingers instead of hammering out a deal. >> republicans aren't about to write a blank check for are anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> any time the speaker and the republican leader come to the president and say we have got a deal for you, the president's...
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is the most important meeting of the entire fiscal cliff saga. why and what can we expect to happen? >> it's the most important meeting, mara, because there is a chance, not saying it's a great chance, but a very -- it is very alive if you will that this bill could be struck down. the house republican conference is not totally sold on it. why? some conservative outside groups are against it. a lot of folks in the house republican caucus come from republican districts and are always worried about a primary challenger. speaker boehner, eric cantor have not been overly supportive so far. they reserve the right to amend it. there are three options. we could all hold hands and jump off into the deep end together. that would be the house republican conference approving of this bill, at least enough of them joining the democrats to move it forward. you could also see house republicans try to amend it. that's what tom cole is talking about on your air. he doesn't think that would happen and doesn't want that to happen but it certainly is a possibility if
is the most important meeting of the entire fiscal cliff saga. why and what can we expect to happen? >> it's the most important meeting, mara, because there is a chance, not saying it's a great chance, but a very -- it is very alive if you will that this bill could be struck down. the house republican conference is not totally sold on it. why? some conservative outside groups are against it. a lot of folks in the house republican caucus come from republican districts and are always...
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Dec 31, 2012
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but they are hung up on one key spending issue, and so it looks like we will go over the fiscal cliff at least temporarily. >> we're very, very close to an agreement. >> reporter: senate republican leader mitch mcconnell said his round-the-clock negotiations with vice president biden had paid off. >> i can report that we've reached an agreement on all of the tax -- the tax -- issues. >> reporter: first and foremost, the bush era tax cuts. the two sides agreed to extend them permanently for all household income under $400,000 a year for individuals, $450,000 a year for families. negotiators also agreed to prevent the al tesh tiff minimum tax on the wealthy from hitting millions of middle class families every year by permanently adjusting it to inflation. and they agreed to hike the estate tax rate from 35% to 40%, but the first $5 million worth of inheritance would be exempt from taxation permanently. the breakthugh prompted relief for many, including connecticut senator joe lieber man. >> i hope the negotiations going on now end with an agreement and i hope that we will pass it with b
but they are hung up on one key spending issue, and so it looks like we will go over the fiscal cliff at least temporarily. >> we're very, very close to an agreement. >> reporter: senate republican leader mitch mcconnell said his round-the-clock negotiations with vice president biden had paid off. >> i can report that we've reached an agreement on all of the tax -- the tax -- issues. >> reporter: first and foremost, the bush era tax cuts. the two sides agreed to extend...
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so that they're not giving up what the tax revenue could be from the fiscal cliff, in order to just let the republicans take a big chunk out of social security and medicare and without having to compromise further. >> what do you think about the fact that the house left for the night and will be back at noon tomorrow? but the senate really decided to stick this out. whether they vote or not, they're writing the bill right now. what was their incentive to stick around and try to hammer this thing tonight? >> well, for one thing, when they actually finish it tonight, they can leave. i think there is a desire, certainly among vice president joe biden and minority leader mcconnell and majority leader reid, to show they can do this. in this area, there is a center of leading, the senate likes that they can actually get it done. if they can get it done tonight on the eve of of the fiscal cliff, they can actually say they were able to get it done before we went over the cliff. that they were not so deeply, deeply irresponsible that they actually let us go over the cliff, to hammer a deal out.
so that they're not giving up what the tax revenue could be from the fiscal cliff, in order to just let the republicans take a big chunk out of social security and medicare and without having to compromise further. >> what do you think about the fact that the house left for the night and will be back at noon tomorrow? but the senate really decided to stick this out. whether they vote or not, they're writing the bill right now. what was their incentive to stick around and try to hammer...
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this is again where the republicans have the majority and as we've been seeing with the fiscal cliff there is not a lot of wiggle room. we're going to have to see compromise. the last immigration reformabout in 1986 took both republicans and democrats working together. it can't be just a democratic lift. >> thank you victoria defrancesco soto. this is something we'll be watching over the next two to four years. >> and coming up, the controversy over keeping fast food chains open on christmas. i, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. >>> a happy meal for a happy holiday? well, mcdonnell's holds so. it's pushing its franchises to stay open despite a long tradition of giving its employees a break for the holiday. now some workers and customers are pushing back on that possibility. joining us now, jonathan weston of fast food forward, a group working to u.n.ize fa
this is again where the republicans have the majority and as we've been seeing with the fiscal cliff there is not a lot of wiggle room. we're going to have to see compromise. the last immigration reformabout in 1986 took both republicans and democrats working together. it can't be just a democratic lift. >> thank you victoria defrancesco soto. this is something we'll be watching over the next two to four years. >> and coming up, the controversy over keeping fast food chains open on...
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thank you for joining us. >> thank you. >> as the details of the fiscal cliff deal were coming together monday republicans were expressing their displeasure with how the president was selling the compromise. it wasn't just the words he used at a monday afternoon news conference but the optics of the president literally standing with the middle class voters that upset some of them including his 2008 opponent senator john mccain. >> as i sort out my impressions of the president's remarks as to whether to be angry or to be saddened. we have the president of the united states go over and have a cheerleading, ridiculing of republicans exercise. >> joining us now are our strats chris cofinas and chip salzmann. thank you for being here on this new year's day. >> thank you. so, chris, i want to start with you. are these attacks on the president's news conference fair? did that photo op with voters really risk derailing a deal? >> well, there have been a lot of things that risk derailing a deal. the president going out there and using the bully pulpit to pressure republicans if you will to come
thank you for joining us. >> thank you. >> as the details of the fiscal cliff deal were coming together monday republicans were expressing their displeasure with how the president was selling the compromise. it wasn't just the words he used at a monday afternoon news conference but the optics of the president literally standing with the middle class voters that upset some of them including his 2008 opponent senator john mccain. >> as i sort out my impressions of the...
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going over the fiscal cliff. he promoezed that we don't tax -- no tax increase until $400,000, instead of $250,000. he proposed -- he said he would be willing to go with the republican demands for entitlement cuts cutting colas on social security which i think is obnoxious and will not vote for under any circumstances. he made a lot of concessions, too many. the republicans showed, though, when they voted against cutting taxes for 99.8% of americans, because they wouldn't allow taxes to go up for people above $1 million, they showed that it's very difficult to do business this w them. >> you said the president made too many concessions. >> i think so. >> were you more a fan of the $250,000 and less than that or -- >> i'm more of a fan of the $250,000 but mainly, mainly i would not vote for a nickel in -- under any circumstances for a nickel in cuts to social security benefits. >> so when we look at that and there are those on the right that say i won't vote for a nickel in revenue and then you coming on saying i
going over the fiscal cliff. he promoezed that we don't tax -- no tax increase until $400,000, instead of $250,000. he proposed -- he said he would be willing to go with the republican demands for entitlement cuts cutting colas on social security which i think is obnoxious and will not vote for under any circumstances. he made a lot of concessions, too many. the republicans showed, though, when they voted against cutting taxes for 99.8% of americans, because they wouldn't allow taxes to go up...
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countdown to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republican the senatech mcconnell the is trying really hard to figure out a way to avoid the fiscal cliff public. >> we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the expwrort leader can make to his conference. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle
countdown to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republican the senatech mcconnell the is trying really hard to figure out a way to avoid the fiscal cliff public. >> we had a...
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will go over the fiscal cliff which could trigger across-the-board sex increases and billions in spending cuts. however, there is hope for a soft landing. eadate republican leader mitch odaynnell and president obama said today a deal was close. yut late in the day house leaders announced they will not ote on a deal tonight. aiey're waiting for the senate. enswhat happens now? we have two reports beginning with nancy cordes on capitol hill. nancy, good evening. >> good evening to you, rebecca. it looks like the deadline pressure finally prompted a meeting of the minds today. negotiators agreed to a plan that extends the bush era tax icans.or 99% of americans. on they are hung up on one key looksing issue, and so it looks like we will go over the fiscal cliff at least temporarily. >> we're very, very close to an agreement. >> reporter: senate republican leader mitch mcconnell said his mcconnthe-clock negotiations with vice president biden had t id off. >> i can report that we've reached an agreement on all of the tax -- the tax -- issues. >> reporter: first and foremost, the bush era tax cu
will go over the fiscal cliff which could trigger across-the-board sex increases and billions in spending cuts. however, there is hope for a soft landing. eadate republican leader mitch odaynnell and president obama said today a deal was close. yut late in the day house leaders announced they will not ote on a deal tonight. aiey're waiting for the senate. enswhat happens now? we have two reports beginning with nancy cordes on capitol hill. nancy, good evening. >> good evening to you,...
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we are focused on the fiscal cliff and whatever is going to happen with that. logistically, the time of the year. we are talking about months before there is going to be legislation that could be put on the table. what do you think could pully realistically have a chance of passing? >> i'm skeptical like you ever. i hope it plugs the loophole that they get through at the various gun shows. i hope there can be something on magazine clips. the thing i would most like to see is an attempt to do a buy back program back in 1996. if we did that and invested real money, you could -- if we overpaid for the guns we want to get off the street, that's the big problem. anything we do now at the margin will not reduce the stock. that's part of the problem. why not make it a stimulus at the same time we get guns back and reduce the inventory and the chance we will have these beings and firearms. >> it's a clever idea and a clever way to sell it. the basic point there about what a gun buy back program would do, the experience we had with the assault weapons ban is we banned t
we are focused on the fiscal cliff and whatever is going to happen with that. logistically, the time of the year. we are talking about months before there is going to be legislation that could be put on the table. what do you think could pully realistically have a chance of passing? >> i'm skeptical like you ever. i hope it plugs the loophole that they get through at the various gun shows. i hope there can be something on magazine clips. the thing i would most like to see is an attempt to...
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fiscal cliff. let's take a listen. >> we'll see what the president has to propose. members on both sides of the aisle will review it, and then we'll decide how best to proceed. hopefully, there's still time for an agreement of some kind that saves the taxpayers from a wholly, wholly preventable economic crisis. mr. president, i yield the floor. >> the majority leader. >> i'm not sure my distinguished republican counterpart has followed what has taken place in the house of representatives. the house, as reported lie the press and we all know, one of the plans that didn't have a name, it wasn't plan "b," i don't know what plan it was because they've had a number over there, but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it would have passed. they wanted to kill it. the speaker wanted to show everybody that it wouldn't pass the house. but he couldn't bring it up for vote because it would have
fiscal cliff. let's take a listen. >> we'll see what the president has to propose. members on both sides of the aisle will review it, and then we'll decide how best to proceed. hopefully, there's still time for an agreement of some kind that saves the taxpayers from a wholly, wholly preventable economic crisis. mr. president, i yield the floor. >> the majority leader. >> i'm not sure my distinguished republican counterpart has followed what has taken place in the house of...
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Dec 29, 2012
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tea party hasn't been discussed much with the fiscal cliff. signing how anyone with give them credit. they've lost supporters in florida they're down to a third of who they had. >> don't you think they had jobs so they moved on? like that is the one -- the distraction they have is that they work for a live something. >> they don't have luxury to go hang out and park. they have jobs. in this economy some are working three jobs trying to feed their family but they have influence and hold the ability to ruin a political politician's career by not voting for them again. it doesn't mean they don't have influence f they didn't have influence we'd have a deal right now. it's small government, low taxes preventing this deal from happening. >> they have so much influence they hurt the republicans into winning back the senate. >> no. no. they hold them acat kthable. >> they have -- so many idiots you can name, read it there, thank goodness for a tea party opponent he had. >> no. absolutely not. >> no? >> the poll is not responsible for. they hold republ
tea party hasn't been discussed much with the fiscal cliff. signing how anyone with give them credit. they've lost supporters in florida they're down to a third of who they had. >> don't you think they had jobs so they moved on? like that is the one -- the distraction they have is that they work for a live something. >> they don't have luxury to go hang out and park. they have jobs. in this economy some are working three jobs trying to feed their family but they have influence and...
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Dec 27, 2012
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cliff, while attitudes towards republicans are consistently bad and the blame and disapproval is only growing for them. it's costing them in the polls and at the polls this crisis of leadership, this consistent blocking that every obama has tried to do. it's really over a tax increase, and for what? it's really to stop primary challenges. that's what this is all about. i mean, it's really bringing the country to a standstill for their own political short term. >> "new york times" is talking about the urgency issue in all of this, and lacking urgency that we have witnessed. they say, yeah, with days left before the fiscal punch lands, both sides are exhibiting little sense of urgency. rather than to foster progress. perry is that the biggest thing, the primaries moving out of this and how everything looks back? >> i think there are two things going on. the first is democrats generally feel they won a man dade. they're not backing down -- the second thing is the primary issue. you have members of congress say last week there was a proposal to raise taxes, and a lot of republicans said i
cliff, while attitudes towards republicans are consistently bad and the blame and disapproval is only growing for them. it's costing them in the polls and at the polls this crisis of leadership, this consistent blocking that every obama has tried to do. it's really over a tax increase, and for what? it's really to stop primary challenges. that's what this is all about. i mean, it's really bringing the country to a standstill for their own political short term. >> "new york...
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Dec 31, 2012
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if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes, and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy. >> if this fight comes back, and i want to ask you about entitlements, medicare and social security, are you prepared, in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to benefits in medicare, which your own debt commission suggested you'd have to do if you were really going to shore up medicare, at least, are you prepared to do that in your first year of the second term? >> what i've said is i am prepared to do everything i can to make sure that medicare and social security are there not just for this generation but for future generations. >> you've got to talk tough to seniors, don't you? >> i already have. david, as you know, one of the proposals we made was something called chain cpi which sounds technical but basically makes an adjustment in terms of how infl
if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes, and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy. >> if this fight comes back, and i want to ask you about entitlements, medicare and social security, are you prepared, in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to benefits in medicare,...
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Dec 28, 2012
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republicans expect to vote then on whatever fiscal cliff bill the senate passes. all this one day before the deadline and the warnings of a recession that have rattled wall street and consumer confidence. >> they know it will have an anything ticket impact on the economy and they know it will have a negative impact on their families and they expect us to be here and work and we're not. >> deadlines are approaching. 2 million americans who have been out of work for more than 6 months will start losing their unemployment benefits tomorrow and the nation runs out of borrowing authority to finance or $16 trillion debt on monday. they can use extraordinary measures until they go into default. extraordinary. that might be a word that apply to then tire situation. >> major garrett, thank you very much. >>> republican bob corker of tennessee has offered proposaled to break this. senator, good morning to you. >> good morning, jeff. good to be with you. >> are we going over the fiscal cliff? >> it dmends on what that means. i think 98% of our country can be assured that ove
republicans expect to vote then on whatever fiscal cliff bill the senate passes. all this one day before the deadline and the warnings of a recession that have rattled wall street and consumer confidence. >> they know it will have an anything ticket impact on the economy and they know it will have a negative impact on their families and they expect us to be here and work and we're not. >> deadlines are approaching. 2 million americans who have been out of work for more than 6 months...
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Dec 30, 2012
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republicans say they would like to see any tax revenue that comes out of a fiscal cliff deal used to pay down our trillion dollars deficits. retiring republican senator from arizona, jon kyl, said the democrats want to spend $600 billion and he believes the new tax revenue will be about the same am. to he says not solving anything. for from senator to an today. >> raising taxes to pay for new spending is not something republicans believe this debate ought to be about. it ought to be about reducing the deficit and debt. they're suggesting we want new taxes, higher taxes on people in this country to pay for new spending. >> republicans continue saying they're waiting for harry reid to make a counter offer. >> they're not making that tonight. he's told us that's not going to happen it but they're working on it. a sounds like a change of entitlement programs is irritating them. >> republicans created way of calculating inflation to lower payments to recipients of social security. the senate majority leader offered this update a short time ago. >>> i was really gratified to hear republica
republicans say they would like to see any tax revenue that comes out of a fiscal cliff deal used to pay down our trillion dollars deficits. retiring republican senator from arizona, jon kyl, said the democrats want to spend $600 billion and he believes the new tax revenue will be about the same am. to he says not solving anything. for from senator to an today. >> raising taxes to pay for new spending is not something republicans believe this debate ought to be about. it ought to be about...
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. >> there is incentive for republicans to cooperate on immigration. >> the sad thing for fiscal cliff is we'll be stuck in trench warfare for another couple of years. make sure you do it with a bush type comprehensive package. then you break the trench warfare. you get some from column "a" and column "b," and then maybe you can do the things you want to do. the second big issue, the same thing for a coalition is tax reform. >> but the question tom raises when we're talking about guns, there's a larger approach. does he have more of an opportunity on gun control if there's a big mental health aspect to it, if there's more to it, tom? >> well, that's what i think. i think it has to be holistic. the fact of the matter is i'm not an assault weapon fan of any kind, but i know people who go out to the target ranges and feel strongly that they have a second amendment right to fire them off as many times as they want to with 30-round magazines in them. so sportsmen, people who have weapons for hunting deer or big game or birds as i do and other people, have to become part of this debate as we
. >> there is incentive for republicans to cooperate on immigration. >> the sad thing for fiscal cliff is we'll be stuck in trench warfare for another couple of years. make sure you do it with a bush type comprehensive package. then you break the trench warfare. you get some from column "a" and column "b," and then maybe you can do the things you want to do. the second big issue, the same thing for a coalition is tax reform. >> but the question tom raises...
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Dec 26, 2012
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. >> one of the strategies that republicans could very well allow us to go off the fiscal cliff. a few weeks into january they decide to take the vote on lowering taxes. lowering the race so they can say you know what, we voted to lower taxes. >> that's something that has been talked about. a lot of people were concerned they wanted to go over the fiscal cliff. they wouldn't have to go for a tax increase. then however it becomes no longer extending the bush tax cuts, but the obama tax cuts. president obama is associated with cutting taxes. there is political liability for them as well. the reality is they have to get off of this no tax increase nonsense. i read in the "new york times" the other day, no republican member of congress voted for it since 1990. do you believe that? we had two or three wars since that time? a tragedy at 9/11 and we had hurricane sandy. we had hurricane katrina and despite all of these, they are unwilling to raise them to support and fund our government. what does it say about the dysfunctionality? >> we will have to leave it there. happy holidays to yo
. >> one of the strategies that republicans could very well allow us to go off the fiscal cliff. a few weeks into january they decide to take the vote on lowering taxes. lowering the race so they can say you know what, we voted to lower taxes. >> that's something that has been talked about. a lot of people were concerned they wanted to go over the fiscal cliff. they wouldn't have to go for a tax increase. then however it becomes no longer extending the bush tax cuts, but the obama...
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we may have the first sign of progress on the fiscal cliff. >> huh? >> listen up. just minutes ago on "fox news sunday" republican senator are lindsay graham said this. >> i think people don't want to go over the cliff if we can avoid it. what have we he accomplished? political victory for the president. he stood his ground. will get tax rate increases maybe not at 250 but on upper income americans and the sad news for the country is we accomplished very little in term its of not becoming greece or getting out of debt. this won't affect the debt situation. >> sort of hats off, wink, wink. >> the president told "meet the press" they hope to get a deal condon in the next 48 hours. >>> police say a guy broke into a woman's home and drove her to the bank of america branch where she worked. she triggered an alarm but the suspect escaped before police arrived. it took the bomb squad three hours to remove the device from her neck. she did escape unharmed luckily. >> a best friend becomes a hero after rescuing a boy who fell through the ice in iowa. they were walking on a
we may have the first sign of progress on the fiscal cliff. >> huh? >> listen up. just minutes ago on "fox news sunday" republican senator are lindsay graham said this. >> i think people don't want to go over the cliff if we can avoid it. what have we he accomplished? political victory for the president. he stood his ground. will get tax rate increases maybe not at 250 but on upper income americans and the sad news for the country is we accomplished very little in...
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just seven hours now until the nation goes over the fiscal cliff. and after weeks of negotiations and public posturing, democrats and republicans have reached an agreement on tax rates in their negotiations. let me tell you what we know at this hour. the deal is said to raise $600 billion in revenue over the next decade through a series of tax increases on the wealthiest americans. th bush era tax rates would be text ended for all single americans with incomes below $400,000 and couples with income below 45000$450,000. all income above that would be tacked at 39 pittsburgh.6%. the deal is said to include a permanent fix for the alternative minimum tax and it extends unemployment insurance for another year for 2 million americans. this was huge for the democrats. speaking at the white house in front of a group of middle class americans just a few hours ago, the president urged congress to act immediately. >> for now our most immediate priority is to stop taxes going up for middle class families starting tomorrow. i think that is a modest goal that we
just seven hours now until the nation goes over the fiscal cliff. and after weeks of negotiations and public posturing, democrats and republicans have reached an agreement on tax rates in their negotiations. let me tell you what we know at this hour. the deal is said to raise $600 billion in revenue over the next decade through a series of tax increases on the wealthiest americans. th bush era tax rates would be text ended for all single americans with incomes below $400,000 and couples with...
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Dec 29, 2012
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they passed a bill months ago to avoid this fiscal cliff. now, that bill has been come meetly ignored by -- completely ignored by senate democrats and by the president. number five the worse part of all there is nothing here that the president is proprosing that deals with the real clear present danger that america now faces. reckless borrowing, reckless spending generational theft that brings america to the point of bankruptcy. the president has given the country over $6 trillion in new debt. trillion dollars deficits as far as the eye can see and all he wants to fight for is higher taxes that will fund a mere 8 and a half days of government. frankly nothing but a pathetic disgrace. you the american people deserve a government that lives within its means. you deserve a government that is not obsessed with using your money to accumulate their power. it is time for americans to understand the simple truth of what is going on here. a truth by the way that an abusively biased news media just ignores. joining us now with reaction as america is o
they passed a bill months ago to avoid this fiscal cliff. now, that bill has been come meetly ignored by -- completely ignored by senate democrats and by the president. number five the worse part of all there is nothing here that the president is proprosing that deals with the real clear present danger that america now faces. reckless borrowing, reckless spending generational theft that brings america to the point of bankruptcy. the president has given the country over $6 trillion in new debt....
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Dec 27, 2012
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the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a deal. that's less than 1% of the federal spending over the next decade. in d.c. terms, 400 billion seems like a lot. that's a drop in the bucket in d.c. terms. it's amazing that s
the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that...
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and though we've now technically gone over the fiscal cliff, the senate is voting on a bipartisan compromise. the agreement which was hammered out by vice president joe biden and republican senate minority leader mitch mcconnell would extend tax breaks for people earning less than $400,000 a year or $450,000 for families. it would extend unemployment benefits for a year, and automatic federal spending cuts known as sequester will be delayed for two months and paid for with a combination of tax increases and spending cuts. as you can see, the motion that's taking place on the floor right now, that vote is taking place and we're waiting to hear what the results of that will be. now, in a meeting on monday, vice president biden spent 90 minutes selling the plan for senate democrats and he has said he is optimistic about the results of this and now we are waiting to see if it turns out that he was correct about that. we're joined now on the phone by congressional correspondent mike, who has a lot more insight into exactly what's taking place here. mike, happy new year to you. >> happy new year.
and though we've now technically gone over the fiscal cliff, the senate is voting on a bipartisan compromise. the agreement which was hammered out by vice president joe biden and republican senate minority leader mitch mcconnell would extend tax breaks for people earning less than $400,000 a year or $450,000 for families. it would extend unemployment benefits for a year, and automatic federal spending cuts known as sequester will be delayed for two months and paid for with a combination of tax...
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house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table and something will get done, too. >> dave: it appears that senate republicans came a long way in sharing their desire for no taxes raised on the wealthy. $550,000 thres hold for couples is a significant compromise. but can they get anything through the house in terms of getting republican votes today? >> i don't think that will get through the house . the house was elected to protect the united states of additional obama care spipe types of spending . from the perspective it is it a char aid. he wants to raise tax for people with over $200,000 . patti murray tipped the president's hand when she said it is okay to go off the fiscal cliff . we get credit when we cut taxing back to the level they were before the cliff . it is it a political issue for them to attain their goali
house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table and something will get done, too. >> dave: it appears that senate republicans came a long way in sharing their desire for no taxes raised on the wealthy. $550,000 thres hold for couples is a significant...
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Dec 28, 2012
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republicans expect to vote on whatever fiscal cliff bill the senate passes one day before the deadline and warnings of a recession that the rahled wall street and consumer confidence. >> they know it will have a negative impact on the economy and they know it will have a negative impact on them and their families and they are expecting us to be here to work and we're not. >> reporter: real deadlines are approaching. 2 million americans out of work for more than six months start losing their jobless benefits tomorrow and the nation runs out of borrowing authority to finance our $16 trillion debt on monday. the treasury department says it can use extraordinary measures to avert default until february extraordinary, that's a word that might apply to this entire fiscal cliff situation. >> major garrett, thank you very much. >>> republican senator bob corker of tennessee has offered proposals in recent weeks to break the stalemate in congress. senator, good morning, good to see you. >> good morning, jeff good to be with you. >> are we going over the cliff? >> well it depends on what that me
republicans expect to vote on whatever fiscal cliff bill the senate passes one day before the deadline and warnings of a recession that the rahled wall street and consumer confidence. >> they know it will have a negative impact on the economy and they know it will have a negative impact on them and their families and they are expecting us to be here to work and we're not. >> reporter: real deadlines are approaching. 2 million americans out of work for more than six months start...